DLA Piper advised Columbus McKinnon Corporation, a leading designer, manufacturer, and marketer of intelligent motion solutions for material handling, in a definitive agreement to acquire Kito Crosby Limited (Kito Crosby) in an all-cash transaction valued at US$2.7 billion.
Kito Crosby is a global leader in lifting solutions with multiple manufacturing assembly plants and nearly 4,000 employees serving more than 50 countries. The business combination materially improves scale and product scope, advancing Columbus McKinnon’s strategy as the holistic provider of intelligent motion solutions in materials handling.
The DLA Piper global team was led overall by James Kelly (New York), Partner and Chair of the New York Private Equity practice, and included partners Ilya Bubel and of counsel Peter Phillips (both in New York) who led M&A, Jamie Knox (New York) who led the debt financing, and Stephen Alicanti and Sidney Burke (both in New York) who led the equity financing.
With more than 225 global lawyers who provide strategic counsel to private equity funds and their industry-leading portfolio companies, DLA Piper’s Private Equity practice has the capacity, experience and relationships to help drive value across the investment life cycle by delivering responsive, efficient and integrated solutions around the world. The Private Equity practice is also the #1 most active law firm globally by PitchBook.
